We Doctor, the Tencent-backed Chinese online healthcare services firm, has completed internal business integration (in Chinese) and scaled up its four verticals—medical cloud, healthcare, medicine, and insurance. The company is also raising $500 million from investors prior to its planned IPO, and is expected to complete the financing round at the end of the first quarter.

We Doctor said last December that it seeks a listing on the Hong Kong stock exchange in the second half of 2018. The firm’s recent move of scaling up and integrating its online services, including online appointment booking, prescription, diagnosis, and insurance serves, would help shine its allure of its planned IPO in Hong Kong.

Read more: Five most highly-anticipated Chinese tech IPOs for 2018

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Timmy Shen

Timmy Shen is a technology reporter based in Beijing. He's passionate about photography, education, food and all things tech. Send tips and feedback to timmyshen@technode.com or follow him on twitter at...